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RALEIGH, N.C. - Wake County Economic Development (WCED) (www.raleigh-wake.org) has announced the release of a new audio podcast featuring commentary from Adrienne Cole, Raleigh Economic Development executive director. In the podcast, Cole discusses the development of PHEVs, or electric powered vehicles, and how this new technology is being supported by Triangle-based businesses and residents. Cole touches on topics including how PHEVs will benefit consumers and the environment as well as when consumers can expect for these vehicles to become commercially available. She also discusses how Triangle-based businesses are supporting the development of PHEVs, more specifically with the “Project Get Ready” campaign, and what local residents can do to support the development of the vehicles.

QUOTES:

“As new technologies are being developed, it is important to stay on the cutting edge,” said Cole. “PHEVs are a great step towards becoming more environmentally-friendly, and Triangle-based businesses are playing a pivotal role in the development and testing of this new technology.”

- In the podcast, Cole explains how PHEVs will benefit the environment by using electricity instead of gas to power the vehicle. She describes how this new technology will help consumers by allowing them to save money by using more cost-effective electricity to fuel their vehicles.

- Cole also discusses “Project Get Ready,” which is a new initiative being piloted in the Triangle and supported by a consortium of cities, government officials, industry leaders and not-for-profit organizations, including core team members Advanced Energy, Progress Energy, Duke Energy and the Rocky Mountain Institute. The project will facilitate the adoption of electric vehicles in North Carolina.

ABOUT WAKE COUNTY ECONOMIC DEVELOPMENT:

Wake County Economic Development (WCED), a program of the Greater Raleigh Chamber of Commerce, is the primary economic development organization for Wake County and its 12 municipalities. WCED hosts clients evaluating Wake County for possible facility locations each year and facilitates dozens of corporate expansions, resulting in new jobs and capital investment for Raleigh and Wake County. Services available to companies that are considering relocating or expanding in Wake County include economic and demographic research, site and building inventory searches, visitation itineraries, community tours, corporate executive and employee briefings, employee relocation assistance, and post-relocation services. In both 2002 and 2003,Site Selection magazine recognized WCED as one of the top ten economic development organizations in the United States. For more information about WCED, please visit www.raleigh-wake.org.